The false economy of government “stimulus”

In its ongoing attempts to “stimulate” the economy, the government takes money out of the economy (in the form of cash through taxes or credit through deficits), consumes part of it in waste and administration, and then spends some part of it for a stadium, a bridge or whatever.

All the government can do, at best, is to move some jobs from that portion of the economy where the private sector would have used the money to that portion of the economy for which the politicians can take credit in hopes of reelection. Nevertheless, due to the manifest inefficiencies in government, more jobs would have been created in the private economy had the money not been unceremoniously extracted from the taxpayers' wallets in the first place.

Hence, while the politicians get to take credit for some job creation, the net number of jobs created will always be less than had the private sector been left with the money and regulation reduced.

On the Constitution and remembering first principles

George Mason, James Madison, Thomas Jefferson and Patrick Henry worked on the U.S. Constitution. They also drafted the Constitution of Virginia and, in it, they said, "No free government, nor the blessings of liberty, can be preserved... but by frequent recurrence to fundamental principles."

The Founding Fathers understood that the preservation of our liberty requires us to revisit the first principles with regularity. Yet, in Congress, the concept of liberty—in the sense in which our Founders used it—has long been forgotten. Surely, our politicians are to blame for this to some extent. But, more importantly, it is "we, the people," who are to blame for not reminding them frequently of these first principles.

We, the people, have taken our liberty for granted while the politicians who have "settled themselves" far away "in that federal city" (Washington, DC) and forgotten the first principles of liberty for the people. For these important principles the politicians have substituted the near surety of their own re-election by buying votes using taxpayer money through numerous and growing entitlement programs for corporations, unions, special interest groups and individuals.

As we, the people, have asked (or, at any rate, allowed) the government to do more and more for us, we have willingly surrendered—step by step—more and more of our liberty. As the people keep asking, the courts and the politicians are more than willing to accommodate in exchange for their re-election. (Note: Re-election rates hover around 85 percent now.)

Now we have an over-reaching federal government that—unless ObamaCare is overturned—has demonstrated virtually unlimited power over the lives of “we, the people.” Unlimited power to compel us to do whatever the government chooses is totalitarianism, even if we still live in a "democracy." It was the federal republic that was intended by our Constitution to defend us from this, but we have long ago lost site of that precious fact.

It's time to wake up America! Stop the madness!